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The dollar held gains near a two-week high ahead of the Fed decision, with traders expecting no change but a 78% chance of a December hike. The dollar index traded at 102.37 and the 10-year Treasury yield was near 5.0%.
Sterling investors also awaited the UK budget.
Expectations of a December rate hike and a firmer dollar weigh on dollar-denominated commodity prices and raise financing costs for feed buyers.
bnnbloomberg.caOct 28, 2026After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
